Risk Management

Strategic financial management at the University of vaasa

Business Environment, Management Systems, Risk Management, Strategic Thinking /

Last week, Katja gave a guest lecture on strategic financial management to first-year business students at the University of Vaasa. The lecture explored how a strategic perspective changes the questions we ask in financial management. An investment, for example, is not only about expected returns, but about how it supports strategy – and what opportunities, […]

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Power: The Risk Management of Nothing

Risk Management, Strategy /

This article addresses a fundamental question: What are the limitations of mainstream enterprise risk management (ERM), and how might risk management be reconceived to better address real organizational uncertainty? The article claims that core elements of ERM — especially its mechanical focus on predefined risk appetite and extensive audit trails — reflect an impoverished conception of

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